All Archive articles – Page 1059
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Archive
Bowood takes on US partner
New York-based intermediary Reinsurex and Lloyd's broker Bowood Partners are to provide index-based property catastrophe reinsurance to Lloyd's syndicates.
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Archive
Willis adds to group executive committee
Willis has appointed the chief operating officer of Willis Reinsurance and the chief executive of Willis Global Specialties to the group executive committee.
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Archive
Jago reduces stamp capacity; receives Moody's negative outlook
Jago has reduced its stamp capacity for Syndicate 205 in 2002 to £80m but pledged to maximise profit by focusing on its core specialist areas of underwriting.
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Archive
Chaucer takes business onto the worldwide web
London-listed insurer Chaucer has launched 24 specific cargo insurance websites to allow small and medium-sized companies access to the Lloyd's market and the quoting of business on line.
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Archive
Lloyd's rating affirmed and removed from "under review"
AM Best has affirmed Lloyd's A-minus (Excellent) rating. It said it believed that capital supporting underwriting in 2002 would increase and the impact of the WTC losses on the Central Fund was containable.
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Archive
Moody's lowers rating on syndicate 994
The performance rating on Greenwich's Syndicate 994 has been downgraded to C Below Average, from B-minus Below Average, on concerns over future capital backing.
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Archive
Syndicate 3000 receives Moody's B Average rating
Moody's has assigned a B Average performance rating to Syndicate 3000, in light of the announcement that it will become the Markel syndicate combined operation for 2002.